Hearing Guo Dabao's figure, Yang Jing couldn't help but be a little stunned.

Although when he first used the Heavenly Eye Skill to see this ore body, he felt that this ore body was not simple, but he really didn't expect this gold mine named Algula to be so bullish.

After the previous two years of sluggishness, copper prices have begun to strengthen in the past two years, and according to the current copper price of about $6,200 / tonne, 1.28 million tons of copper is worth about $8 billion!

As for gold, if the current gold price is calculated at 40 million US dollars / ton, 770 tons of gold is worth 30.8 billion US dollars, and the price of molybdenum is now about 36,400 US dollars / ton, and 40,000 tons of molybdenum can be worth almost 1.5 billion US dollars!

In other words, the total value of this mine is more than $40 billion!

The cost of open pit mining is the lowest of all mining methods, and all gold mines in the world that cost less than US$600 per ounce are open pit mines. Although the Algula Mine is a copper-gold-molybdenum composite mine, except for the average grade of copper ore is slightly lower, the average grade of both gold and molybdenum ore can be regarded as high-grade, so on the whole, the mining cost of this mine is definitely not high. With the current copper and gold prices, even if the upfront investment is counted, the net profit of this mine can be at least more than 30%, even if it reaches 40% or even more than half, Yang Jing does not find it unusual.

It is a well-known fact that open-pit mining is much more profitable than mining in mines.

Therefore, Guo Dabao said "it's made", which is not another bragging.

Even if it is calculated according to the net profit of 30%, after deducting the 25% of the PNG government, Rongbao Mining can have a net profit of close to 10 billion US dollars in this mine!

Moreover, most of this metal ore has been mined for more than 15 years, even if it is calculated according to the mining time of 15 years, this Algula mine alone can bring 600 million US dollars of net profit to Rongbao Mining every year.

That's almost as profitable as a large oil field with reserves of more than a billion barrels.

As for the ore body found in the strait near Rabaul, Yang Jing estimated that it was even better than this Algula mine, but what the bottom mine would look like would have to wait for the preliminary survey results.

However, the submarine mine has been determined to be a silver-gold-platinum precious metal mine, so its value must be higher than that of the Algula mine.

"Haha, Xiaojing, are you happy to hear this news?" Guo Dabao's voice sounded on the phone again.

"Mmmm, Uncle Guo, you are too good!" Yang Jing also teased Guo Dabao rarely.

"Haha, this is not Uncle Guo's bull, it's your kid Niubi!" Guo Dabao didn't feel sorry for Yang Jing's ridicule at all, but turned around and ridiculed Yang Jing.

Yang Jing smiled bitterly and shook his head. Yang Jing can also understand Guo Dabao's excitement. Guo Dabao hasn't been back for many years, and he's been staring at PNG, and now that such a huge result has finally come out, can he not be excited?

"Uncle Guo, the funds for the survey are fine, right? If it's not enough, I have it here. ”

"Haha, how can it not be enough? With you, it saves us more than ninety percent of the survey costs. Because of your precise positioning, we have drilled at least 50 fewer exploration wells, and now we expect to drill a total of 20 exploration wells to touch the situation of these two mines, and this alone will save us at least hundreds of millions of dollars. Xiao Jing, you have made a great contribution this time!"

Guo Dabao's words are not nonsense. Everyone knows that mining makes money, especially energy mines and precious metal mines, as long as they enter the mining stage, the mined mineral products will not be sold on the market.

First of all, the right to survey and the right to mine is a threshold that prevents more than 99.99% of people from entering this industry, and even if you get the right to survey and mine, how to find the ore body is a big difficulty that traps more than ninety percent of the people who enter this industry.

Compared with obtaining the right to survey and mine, it is the most difficult to find out the ore body.

For example, Rongbao Mining, if it weren't for Yang Jing, it would be absolutely impossible for them to find an ore body with an area of less than 0.3 square kilometers in a country like PNG with a complex terrain, if they didn't spend hundreds of millions of dollars to explore.

A survey well costs about a million dollars, and if you don't drill dozens or even hundreds of survey wells to accurately locate an ore body, it is almost impossible.

In other words, the cost of reconnaissance logging alone can cost tens of millions of dollars or even hundreds of millions!

But now, with Yang Jing, Rongbao Mining has almost touched the situation of the entire ore body by only drilling six exploration and logging wells. As for the submarine mine near Rabaul, because of the large area, it is necessary to double the number of exploration wells to get a general understanding of the situation of the ore body.

And the most important thing is that in many cases, you spend tens of millions of dollars to drill dozens of exploration wells and may not be able to find the ore body! This situation often happens in mining exploration, and the probability of spending money but not finding the ore body is far greater than the probability of being able to find the ore body.

This is why the exploration cost of a mine often accounts for a large part of the overall upfront investment.

"Okay, Uncle Guo, if you are polite, you don't need to say more, if you need my help, just say it, after all, I am also a member of Rongbao Mining." ”

"Well, Xiaojing, Uncle Guo is even happier with your words. But you haven't had anything to do lately, you've already done the biggest things, so we'll do the rest. You just have to wait at home to collect the money. ”

Yang Jing smiled speechlessly, he just likes this kind of working atmosphere, he works hard when he should work, but no one cares about you when he should relax.

"Alright then, Uncle Guo, if there's anything, just call me. ”

Hanging up the phone, Yang Jing told Gege the general situation, and Gege was also shocked after hearing that Rongbao Mining had found a metal mine worth $40 billion in PNG. She knew that her husband's business was not small, but she really didn't expect this "not small", the unit turned out to be tens of billions or dollars......

These transactions engaged in by my husband are much more than those engaged in by my mother.

"Okay, in the future, you can make money with peace of mind, and I will spend money quietly, okay?"

"That's fine, you can buy whatever you like. ”

"Really?"

"Is this still fake? You're my wife, isn't it for you to spend my money?"

"Okay then, can we build a villa on the edge of the Forbidden City Square......" Gege laughed at the chicken thief.

Yang Jing: ......

Yang Jing finally understood a truth, that is, as a man, he can spoil his daughter-in-law and love his daughter-in-law, but he must not hold his daughter to the sky, otherwise her heart will not even be able to accommodate the solar system.

You are still building a villa on the edge of the Forbidden City Square, why don't you say that you will buy the Forbidden City as a villa? Wouldn't that be better? You will have to waste time building a villa......

Looking at her husband's sluggish face, Gege laughed happily, in exchange for a sad sigh from Yang Jing's sad face......